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Listed by GIOVANNI F MORALES • COMPASS
$ 2,100,000
Est. payment /mo
New
11516 Washington Place Los Angeles, CA 90066
3,488 SqFt
UPDATED:
08/29/2024 03:18 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,488 sqft
Price per Sqft $602
MLS Listing ID MB-24174977
Year Built 1950
Lot Size 5,396 Sqft
Property Description
Prime Investment Opportunity in Vibrant Culver City! Discover this exceptional 4-plex in a highly sought-after Culver City location! This well-maintained property features four spacious and sunlit two-bedroom, one-bath units, each designed for comfortable living. All units are currently rented, offering immediate income potential. Each unit includes a private garage with laundry hookups, adding convenience and value for tenants. The property is efficiently managed with separate electric and gas meters for each unit, while a single water meter serves the entire building. This setup ensures streamlined utility management and cost-effectiveness. Ideally positioned just minutes from the 405 and 10 freeways, this property provides unbeatable access to the beach, trendy downtown Culver City, Westwood, and Downtown LA. Although the address boasts a Los Angeles zip code, it's situated in Culver City proper, granting residents access to the area's top amenities, including a responsive Fire and Police Department and the highly acclaimed Culver City School District. Culver City is a hub of creativity and culture, steeped in movie-making history and offering a vibrant dining and nightlife scene. From globally inspired eateries and gastropubs to cozy cocktail bars, there's something for everyone. Whether you're an investor seeking excellent income potential or a homeowner looking for a charming place to call home, this incredible opportunity in Culver City is not to be missed!
Location
State CA
County Los Angeles
Zoning CCR4YY
Interior
Cooling Wall/Window Unit(s), Whole House Fan
Fireplaces Type None
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Garage Gated
Garage Spaces 4.0
Pool None
Community Features Curbs, Sidewalks
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer